The chart of the day is from TheWaveTrading via SafeHaven and shows the 10 month moving average (MMA) crossing below the 20 MMA for the S and P 500 after 8 years. Long term moving average crosses are usually associated with trend changes as was the case with the S and P 500 in 2000 and 2008:
Nature Risk Climbs Agenda With Potential 12% Hit To UK GDP
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Analysis from the Green Finance Institute warns that nature degradation
risk could have a huge impact, at a cost of 12% of UK GDP.
8 minutes ago